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    Home » Blog » Carney on Kudlow: Biden Regulations Are Strangling the Economy

    Carney on Kudlow: Biden Regulations Are Strangling the Economy

    April 25, 2024Updated:April 25, 2024 Politics No Comments
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    President Joe Biden is implementing rules that are stifling the market, according to Breitbart finance director John Carney on Fox Business Network’s” Kudlow.”

    Carney said,” When you add on huge regulatory&nbsp, burdens onto the personal sector&nbsp, what you end up doing is&nbsp, crushing the potential of&nbsp, companies to grow, &nbsp, crushing the potential of&nbsp, businesses to hire people, &nbsp, crushing people to start new&nbsp, businesses. That is what happened under Obama when it was just 1/5 of&nbsp, what Biden has done. Biden this is just the track&nbsp, report thus far, &nbsp, think what he will do when he&nbsp, is a weak duck president if he&nbsp, gets reelected, it will be four&nbsp, days what he has right now. Only this week they put on some&nbsp, rules that the American&nbsp, actions community said they have &nbsp, not seen a year like this. They put on tailpipe emissions&nbsp, that cost anything like&nbsp,$ 850 billion”.

    He continued,” They put in new lamp&nbsp, regulations&nbsp, because they&nbsp, believe our lamps are very beautiful, &nbsp, using too much power. But you&nbsp, better change your eyes so you&nbsp, you learn in dim light. They ca n’t find a thing they&nbsp, do n’t want to regulate, to have &nbsp, punitive regulations on the U. S. &nbsp, economy”.

    Carney added,” Under&nbsp, the new tailpipe emissions&nbsp, regulations they think that&nbsp, we’ll have to have 56 % of cars&nbsp, be electric vehicles by 2030. Imagine what? That is just a few years&nbsp, away and&nbsp, nothing wants the&nbsp, electric vehicles they’re trying to&nbsp, offer today. They may try to force that on&nbsp, the British people by basically&nbsp, declaring our internal&nbsp, fire engines illegal”.

    He concluded,” It is evil by legislation, that is what we’re getting”.

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